Drive DeVilbiss Healthcare

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Drive DeVilbiss Healthcare - overview

Established

2000

Location

Port Washington, NY, US

Primary Industry

Medical Devices & Equipment

About

Medical Depot, Inc. is a US-based company specializing in the design and distribution of medical equipment and mobility aids aimed at improving the quality of life for individuals needing assistance. Founded in 2000, Medical Depot, Inc. operates as a leading provider of mobility and medical equipment.


The company is headquartered in Port Washington, US, and has engaged in 5 deals thus far. Most recently, Medical Depot, Inc. completed a RESTRUCTURING funding round, securing USD 35. 00 mn from investors Clayton Dubilier & Rice, bringing the total amount raised to USD 35.


00 mn. The company is currently led by CEOs Bob Size and Derek Lampert. Medical Depot, Inc. offers a wide array of mobility and medical equipment including bath safety aids, beds, commodes, mobility devices, patient room equipment, personal care items, respiratory solutions, sleep therapy systems, and therapeutic support surfaces.


Their products cater to diverse users such as homecare providers, long-term care professionals, healthcare institutions, government agencies, and retailers, reflecting the company's emphasis on innovation and commitment to addressing the needs of patients and caregivers across various markets. In 2016, Medical Depot, Inc. reported revenue amounting to USD 900. 00 mn.


The company generates revenue through partnerships with healthcare providers and direct sales to consumers and retailers, maintaining a robust presence in the medical equipment sector. Looking ahead, Medical Depot, Inc. has plans to launch new products designed to enhance patient care and mobility aids, with specific timelines for release not disclosed. The company aims to expand its operations into new international markets, although targeted regions and timelines remain unspecified.


The recent funding from the RESTRUCTURING round will be allocated to support these growth initiatives and enhance the company’s operational capabilities.


Current Investors

Clayton Dubilier & Rice, Peloton Equity

Primary Industry

Medical Devices & Equipment

Sub Industries

Therapeutic Devices, Monitoring Equipment, Medical Equipment Distributors

Website

www.drivemedical.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Drive DeVilbiss Healthcare - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onAnnouncedCompass Health Brands-
RestructuringCompletedDrive DeVilbiss Healthcare-
Secondary BuyoutCompletedDrive DeVilbiss Healthcare-
Add-on, Trade SaleCompletedDeVilbiss Healthcare-
Add-onCompletedColumbia Medical Manufacturing-

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